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Publisher's Summary

Bitcoin is entirely a new idea, and it seems to be here to stay. It is not like any other thing that the world had seen in a very long time. In bitcoin, you will have access to one of the most inexpensive and fastest means of money transfer across international barriers. Via bitcoin, revolution has been birthed in commerce and the modern-day concept of money.

The entire idea of bitcoin came to the fore in 2009, when Satoshi Nakamoto published a paper and also made bitcoin available as a free software project. The purpose of this work was to deliver bitcoin to the world as a new and better means of money transfer. He designed it as a system of online value transfer that is in support of a highly prospective Internet currency.